Property profile

0 Tbd Hawkins Ave Sanford, NC 27330

OFF-MARKET
Office Spaces
10.55 ac lot
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Property summary

AI-generated overview

This exceptional Sanford, NC property presents a unique investment opportunity. Encompassing over 10.55 acres (APN: 9643-75-1765-00, 9643-75-1395-00, 9643-65-6263-00) located at TBD Hawkins Ave, 27330, the property features a compelling blend of land and existing structures. The offering includes two lots zoned LI, providing approximately 5.6 usable acres (after accounting for an approximate 3.9-acre floodplain) ideal for flex space or light industrial development. An adjacent 1.05-acre parcel offers a mixed-use zoning designation (approximately half LI, half R12). Currently, the 1.05-acre lot houses several buildings totaling approximately 7,000 square feet of space, including a 1,400 sq ft residential rental, a 4,100 sq ft print shop, a 1,000 sq ft screen printer, and a 1,500 sq ft office/retail space. The current owner occupies the print shop and screen printer, offering potential for a leaseback or business sale. The asking price for the entire 10.55-acre property is $975,000. Alternative purchase options are available: $650,000 for the 1.05-acre lot with buildings, and $450,000 for the remaining land. Note that purchasing the land separately will necessitate the opening of a city street for access. This property is designated an Opportunity Zone, and all offers will be considered.

Property profile

Verified
Property type Office Spaces
Lot 10.55 ac (459,558 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Tbd Hawkins Ave Sanford, NC 27330
Sanford metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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